He moved in this weekend and is already adding value to my property as he paid somebody to paint the garage and wants to install lighting in the garage that he will leave behind. 

A few more rate cuts and the 10y Tbill going down could really light a fire under the real estate market.

Not sure about PA, but in NY if there are any lights in common areas the landlord needs a separate meter - you can just go count the meters on the house, if there are 5 then you know there is one for common areas.I wouldn’t use cap rates for a four unit, use comparable properties if possible.

Those of who warn people about his business practices always come out right. 

Maybe he has the green light on all repairs up to a price point but after that you discuss it.

But, if you want to be nice, give them a warning after the first one then start the process the next time it occurs.  6 times in a row means it's probably time.However, if they pay every month and you are collecting your late fee as well... 

It provides with several things: -Gives a sense of what will need to be done at a property for turnover-Brings to light any damage by the tenant-Opportunities for CapEx improvement-Gives 4 additional interactions per year with the tenant (which helps a lot in building rapport)We also do a weekly "drive-by" of the properties as well to make sure everything is in place.

If Trump wins, there may be a little tiny bit of light at the end of the tunnel for builders.

None of my clients do the "co-GP", its a very thin facade...light on substance usually will land both parties under federal trouble...

The flickering lights still seem to happen to this day.